Financial Integration : A New Methodology and An Illustration /

This paper develops a simple methodology to test for asset integration, and applies it within and between American stock markets. Our technique relies on estimating and comparing expected risk-free rates across assets. Expected risk-free rates are allowed to vary freely over time, constrained only b...

詳細記述

書誌詳細
第一著者: Rose, Andrew
その他の著者: Flood, Robert
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2004.
シリーズ:IMF Working Papers; Working Paper ; No. 2004/110
オンライン・アクセス:Full text available on IMF

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